http://www.youtube.com/watch?v=0h7V3Twb-Qk
one of the most incredible videos i've ever seen. The Chinese government built an entire city, Ordos, designed for 1 million people, in order to make GDP numbers look high. The city is almost entirely empty. This is akin to the "if you throw a brick through somebody's window then you stimulate the economy as they spend money to fix their window" parable the Austrians derided as stupid.
http://economicsofcontempt.blogspot.com/2009/11/yes-we-need-big-banks.html
more on why we need big banks, and too big to fail is a dumb idea
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